BCRS Business Loans Limited
Reference number: 722855
Instant download
Authorised by the FCA
This firm is on the FCA register and authorised to carry out regulated activities.
Website, phone number and address
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
-
Website
-
Phone number
-
Address
B C R S Business Loans, Technology Centre, Glaisher Drive, Wolverhampton Science Park, Wolverhampton, WV10 9RU, United Kingdom
In the full report: 3 background checks
- When bcrs.org.uk first appeared online, and whether it can receive email
- What kind of line 0345 313 8410 is
- Who else gives the postcode WV10 9RU
Other names (1)
If you were contacted under any of these names, it is this firm.
- Black Country Reinvestment Society Limited Former name: A name it was registered under before.
The firm, by virtue of its constitution or any enactment, must be:(i) required (after payment of outgoings) to apply the whole of its income and any capital it expends for charitable or public purposes, and (ii) prohibited from directly or indirectly distributing amongst its members any part of its assets (otherwise than for charitable or public purposes); And the firm must not have any associate (other than a not-for profit debt advice body) which carries on debt adjusting or debt counselling or providing credit information services.)
FCA permissions and consumer protection
- Run or oversee funds FSCS may applyEligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
- Bank deposits FSCS may applyEligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
- Lend or arrange credit No FSCS coverConsumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (3 permissions)
- Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
- Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
- Managing an unauthorised AIF
Limits on what they may do
- This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
-
Not permitted to canvass off trade premises
The firm is not permitted to canvass regulated borrower-lender-supplier agreements or regulated consumer hire agreements off trade premises
One supervisory condition set by the FCA
These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.
- Small Authorised UK AIFM (Sub-Threshold)
The total value of assets under management by the firm must not exceed the relevant threshold as set out in Article 3(2) of AIFMD (as determined under Chapter II, section I of the AIFMD level 2 regulation). In the event that the relevant threshold is breached, the firm must submit an application for authorisation as a Full-scope UK AIFM to the FCA
FCA disciplinary action and complaints
No FCA disciplinary action.
The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.
Key dates in its history
BCRS Business Loans’s history from the FCA register and Companies House, newest first.
2017
7 March 2017
- FCA imposed a requirement (May control but not hold client money)
- FCA imposed a requirement (Small Authorised UK AIFM (Sub-Threshold))
FCA register
2016
15 June 2016
- Changed its registered name from "Black Country Reinvestment Society Limited"
FCA register
27 May 2016
- FCA imposed a requirement (Not for profit firm)
FCA register
26 May 2016
- Regulated by the FCA from this date
- FCA imposed a requirement (Not permitted to canvass off trade premises)
- Became authorised by the FCA
FCA register
In the full report: all 10 events
- All 10 events in its history (7 shown here)
Firms connected to BCRS Business Loans
Other FCA-listed firms that share a director, phone number or address with BCRS Business Loans. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- share its postcode
- 1
In the full report: the connected firm, named
- How it is linked: the same postcode (1)
- Who links it to this firm: the named directors, with dates
Firms like BCRS Business Loans
Other firms of the same type (lender), nearest first.
In Wolverhampton
Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.
Get the full report on BCRS Business Loans
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 background checks on its contact details
- All 10 events in its history
- 1 connected firm, named, and who links them
Instant PDF One-off payment Secure checkout by Stripe
Frequently asked questions about this firm
Is BCRS Business Loans Limited FCA authorised?
What is BCRS Business Loans’ phone number and website?
Is BCRS Business Loans a scam or clone?
Is my money safe with BCRS Business Loans?
Does BCRS Business Loans use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Check your FSCS cover fscs.org.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk